Custodian REIT PLC Issue of Equity (4754J)
December 17 2015 - 11:23AM
UK Regulatory
TIDMCREI
RNS Number : 4754J
Custodian REIT PLC
17 December 2015
17 December 2015
Custodian REIT plc
("Custodian REIT" or "the Company")
Issue of equity
Custodian REIT (LSE: CREI), the UK commercial real estate
investment company, is pleased to announce that in order to satisfy
continued investor demand, 1,650,000 new ordinary shares of 1 pence
each in the capital of the Company were issued today at 106.75
pence per share (the "New Shares"), raising GBP1,761,375 (before
costs and expenses).
Following this issue, the Company's issued share capital
comprises 238,422,071 ordinary shares.
Applications will be made for the New Shares to be admitted to
the premium segment of the Official List of the UK Listing
Authority and to trading on the London Stock Exchange plc's main
market for listed securities. Admission is expected to become
effective, and dealings in the New Shares are expected to commence,
at 8.00 a.m. on 24 December 2015.
- Ends -
For further information, please contact:
Custodian Capital Limited
Richard Shepherd-Cross / Nathan Tel: +44 (0)116
Imlach / Ian Mattioli 240 8740
www.custodiancapital.com
Numis Securities Limited
Nathan Brown / Hugh Jonathan Tel: +44 (0)20
7260 1000
www.numiscorp.com
Camarco
Ed Gascoigne-Pees Tel: +44 (0)20
3757 4984
www.camarco.co.uk
Notes to Editors
Custodian REIT plc is a UK real estate investment trust, which
listed on the main market of the London Stock Exchange on 26 March
2014. Its portfolio comprises properties predominantly let to
institutional grade tenants on long leases throughout the UK and is
characterised by small lot sizes, with individual property values
of less than GBP7.5 million at acquisition.
The Company offers investors the opportunity to access a
diversified portfolio of UK commercial real estate through a
closed-ended fund. By targeting smaller lot size properties, the
Company intends to provide investors with an attractive level of
income with the potential for capital growth.
Custodian Capital Limited is the discretionary investment
manager of the Company.
For more information visit www.custodianreit.com and
www.custodiancapital.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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